Financial Crisis
- BusinessAOL
I've had £200,000 refunded - and thousands more could too
The financial crash left us all worse off, but for 130,000 Brits, it destroyed their dreams of owning a home in Spain too. They had been persuaded to put down a hefty deposit in order to buy Spanish properties. When the world economy went south,
4-min read - BusinessAOL
Central bankers aren't omnipotent
Central banks are in charge of the markets. So investors should relax. That's the message from an interesting column in the FT this morning. Christophe Donay of Pictet Wealth Management argues that equities are overvalued. But he also
4-min read - LifestyleAOL
Corbynmania is bad news for investors
Corbynmania has gripped the nation. Or a small but noisy chunk of it anyway. I can't imagine that Jeremy Corbyn's supporters think they have much in common with Nigel Farage's fans. They have very different backgrounds and
6-min read - NewsAOL
Pressure grows on Cameron to cancel MPs' pay rise
More than 360,000 people have signed a petition calling on David Cameron to block a planned 10% pay rise for MPs. While the increase has been recommended by the Independent Parliamentary Standards Authority (IPSA), many ministers say it should be
2-min read - BusinessAOL
Astonishing Spanish airport: yours for a euro?
Ciudad Real airport has become one of the eeriest testaments to the financial crisis. It was built in 2008, at a cost of over €1billion, but after the financial crisis hit, the company behind it collapsed, and the airport closed. Now
2-min read - NewsAOL
Britain 'has failed to learn key financial lessons'
The Treasury may not be prepared to deal with another major financial crisis, MPs have warned following an inquiry into the government's capacity to tackle future challenges. The MPs said the government and the City needed to do more to
4-min read - BusinessAOL
Why aren't bankers ever jailed?
The husband of actress Emma Thompson has said he won't pay any tax until someone is jailed over the HSBC avoidance scandal. While his announcement was on the dramatic side, it raises the question: why are bankers never jailed? The furore
2-min read